Tbilisi (GBC) - In the foreign exchange market, during 9 months from the beginning of the year, if the NBG bought more dollars than it sold, in October the sales exceeded the purchases, and the net sales of the reporting month on BMatch, according to the NBG's monthly review, amounted to $13.4 million.
In January-September, the regulator's net foreign exchange purchases reached 1.5 billion USD.
In October, the net sales of foreign currency by the National Bank, as well as the government's foreign exchange expenditures, including external debt servicing, led to a decrease in official international reserves by USD 154.4 million per month, to USD 5.1 billion.
In October, with internal governmental conversions in the banking system, the net foreign exchange sales of the National Bank amounted to 59.4 million USD. The National Bank sold 84.9 million USD through foreign exchange interventions, on BMatch - $13.4 million.
With interventions and the BMatch mechanism, net foreign assets of approximately USD 157.7 million decreased.
NBG’s Share In Total Foreign Exchange Trade By Months (2023)
January |
4.9% |
February |
3.4% |
March |
7,2% |
April |
10.8% |
May |
5.2% |
June |
5.0% |
July |
9.1% |
August |
3.9% |
September |
2.6% |
ოქტომბერი |
3.5% |
November |
|